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Oil refining economics?
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Posted 3/26/2020 09:42 (#8139991)
Subject: Oil refining economics?

S Illinois
What product is the driver when it comes to oil refining? Does diesel/fuel oil demand drive the refining process and gasoline is sold more as the side product or vice versa? It was usually said soy oil was the side kick to soy meal and soy oil had a tough time driving the soy market higher by itself. Does oil refining have that same setup? Has diesel demand dropped as much as gasoline and how wide of spread could we see between the two?
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